The moving support and resistance lines (breakout and breakdown levels) that are shown as part of the advanced strategy appear to be moving averages of recent highs and lows. Again it would be cool to have an indicator for that as well.

The green and red market continuation conditions arrows that are shown as part of the advanced strategy seem to be printing as long as part the HA candle body is beyond the respective PAC line for longs or shorts.

can anyone make heikenashi in seprate window and MA5 smooth high and low?

becasue it's too slow to exist from the market, sometime no profit left because waiting for the exist signal need to exist manualy before the exist signal come.

but i think heikenashi good for higher time frame because there is still got profit after you get the exist signal.

thank you

i like this style of trading. to get in a bar or two ealier try this trend indicator set it to 22 or 23 even if the bars closes are within the bands.

Attached Files

HMA_Color.mq4 (3.2 KB, 179 views)

Here is the fruit of an exercise I started almost a year ago but have not been able to advance due to lack of programming skills. It is merely a development of the MACD Sample along Synergy lines. If the EA shows promise I would like to port it into the Phoenix 5.7 template. I would be interested in comments and suggestions, as well as optimization/back-forward testing.

In a nutshell, it implements Price Action Channel, Heiken Ashi, Traders Dynamic Index, with some simplifications, for both entries and exits. I am not sure that the exits are properly designed, and would probably feel more comfortable with PSAR exits only. Extra confirmations come from a Standard Deviation on the RSI of the TDI, plus Average True range. I think this is essentially what Malone has done, but with names of his own invention.

You can set the base bar to one bar ago with ZbBar, and you can also tweak the limit numbers in the Malone system for the price line range.

There is no numerical trailing stop as this is handled by the Parabolic SAR. The Take Profit is probably superfluous, and could well be set to an artificially high number.

If someone has a fast Core 2 Duo or similar, here are some proposals for optimization ranges:
extern int P_ZBar = 0 and 1
extern double P_SARStep = 0.02 to 0.03;
extern double P_SARMax = 0.2 to 0.3;
extern int P_GreenLMax = 65 to 75; //upper long entry limit
extern int P_GreenLMin = 30 to 60; //lower long entry limit
extern int P_GreenSMax = 40 to 70; //upper short entry limit
extern int P_GreenSMin = 25 to 35; //lower short entry limit
extern int P_STDMin = 5 to 9;
extern int P_ATRMin = 6 to 11;

I look forward to responses

autumn

Attached Files

SynergyBasicPSAR.mq4 (10.5 KB, 234 views)

Hi everybody,

I have been testing Synergy for a month or so, like it very much. Just recently I found this forum and this thread and downloaded DerkWehler's indicator, it makes trading much easier :-)

There is one thing I've noticed so far. If there is a divergence between the price and the green line, than the signal is most likely not going to work. There is an example on the attached GBP/USD 4hr chart, check the areas with purple lines. From one buy signal to the other, the price made a higher high but the green line made a lower high, and then the signal failed. I am going to do more testing on this one, but I was wondering if Derk could incorporate this divergence into the indicator?

Thank you,
branac

Attached Images

synergy_gbp_usd_4h_divergence.jpg (103.8 KB, 990 views)

Excellent observation branac. Thanks for pointing that out. I look forward to testing this system.

Hello branac........

I'm missing something here; I've looked at this chart for a long time and do not understand exactly what you are saying. Can you explain further? Thanks!

Heya BeachBum,

Nice to see you here, I was following your work on Fozzy method for quite some time.

Ok, I have attached the same chart again, with some numbers added. The area of interest is between numbers 1 and 2. While moving from point 1 to point 2, the price is going up, that is, made a higher high. At the same time, while moving from 1 to 2, the green line (RSI) is going down, that is, made a lower high.

Now that's a divergence. In this case it is a bearish divergence, and usually after this, the price changes the direction. Sometimes it's only a retracement, sometimes it's a trend change. Testing will show how can we tell one from the other.

branac

Attached Images

synergy_2_gbp_usd_4h_divergence.jpg (104.2 KB, 941 views)

Hi branac.....

Nice to see you too. I've been following this method for a while because it is so similar to Fozzy-style trading; RSI and MA cross for a signal. However, the addition by Dean Malone of a few other simple indicators is what really got my attention and I've been working with this and testing his methodology and the TDI indicator.

OK, I understand the negative divergence reference. What I did not understand was your comment about signal failure. Can you offer additional comments on that part of your first post?

BTW.....Fozzy-style trading still rules as far as I'm concerned, but I'm always looking for ways to make it more successful, within reason of course........